Marriage
Divorce & Credit
- Establish a steady work record.
- Pay all bills promptly.
- Open a checking account, and don't bounce checks.
- Open a savings account, and make regular deposits.
- Apply for a local store credit card, and make regular monthly payments.
- Apply for a small loan using your savings account as collateral.
- Get a co?signer on a loan, and pay back the loan as agreed.
Budgets are necessary to achieve financial
freedom. You and your new spouse must agree on what you are going to spend your
money on. People who can account for their money are people who are in control of
their finances. A plan is essential to success. Imagine a business running without
a financial plan, or building a home without blueprints. Not very safe.
Would you risk your investment without knowing the
game plan? Yet thousands, maybe millions, of Americans live paycheck to paycheck
without investigating where they are putting their money, what their spending habits
are, or when they will be out of debt.
The Truth About Budgets...
"A budget is restraining
and limits my freedom."
No, the very opposite is true. A budget
grants you more independence and freedom to achieve lifetime goals.
"
"I can not solve my money problems unless I make
more money."
You may be able to solve your money
problems earning your current salary with an appropriate budget.
"Budgets are complicated
and take too much time."
With proper instruction, anyone including
children can start and maintain a budget. After you have completed the initial work,
maintaining your record system takes approximately 30 seconds per transaction.
Budget Analyzer
Use this worksheet to help figure out
your budget. Compare what you actually spent to the amount you budgeted. This will
give you a clear picture of how realistic the amounts you budgeted are for each
item and will allow you to be more accurate when doing your next monthly budget.
